Global Commercial Avionics Market size is projected to be valued $27 Billion by 2024; with a CAGR of 4% from 2017 to 2025. Avionics system comprises of communications, navigation, display system and many other systems that perform various functions. As there is a growing need for navigation systems and real-time data in the commercial avionics systems industry, the aviation industry has witnessed continuous growth in the development of commercial avionics systems.

Increasing technological advancements in navigation systems, emerging economies in developing nations, and adoption of next-generation aircrafts are driving the growth of the market. Moreover, requirement for real time data and emergence of new players could also fuel the growth of the market. However, unstable economic problems and growing cyber threats could hinder the growth of the market. Desire for glass cockpits and untapped markets could provide an opportunity for this market.

By geography commercial avionics market is segmented into North America, Europe, Asia-Pacific and RoW. The U.S., Mexico and Canada are covered under North America wherein Europe covers France, Germany, United Kingdom and others. Asia-Pacific covers China, India, Japan, Australia, Singapore and others. Rest of the world (RoW) covers South America, Middle East and Africa.

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